NIFTY50 - Trendline Breakout StrategyWhenever i see a trend-line break , but not a follow-through move, i draw a parallel Trend line to the new low made.
And if the price break this new trend-line, then the chances of price follow through becomes high.
Hence nifty is sell below 8980 levels.
Do not follow blindly, please do your own research.
Breakoutstrategy
GBP/JPYIv set a price alert on this pair and watching for a potential short opportunity. 1H chart analysis with Breakout Trading strategy.
Please feel free to leave a comment, pick my brain, I’d love to interact with you if you’re trading this pair as well.
How does your analysis look?
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
This information given is not Financial Advice.